A new business model is emerging in the pharma

Pharma’s traditional strategy of placing big bets on a few molecules, promoting them heavily, and then turning them into “blockbuster” drugs is no longer viable in today’s marketplace. As the patents on the drugs launched in the glory days of the 1990s continue to expire, the industry is in need of a new, sustainable business model.

What decisions should you
make to successfully launch
into 2020?

Pharma 2020: From vision to
decision 2020

Learn more.

New organizational models
require human resources
function to be more
effective

Getting the
biophamaceutical
talent formula right

Learn more.

The need for innovation in
medical technology is a
competitive
necessity

Life sciences companies respond to a new marketplace

Increased competition from generics, a growing pressure to reduce costs, and a market in which a drug’s success is more closely tied to its performance are transforming the pharmaceutical and life sciences industry. As the healthcare industry transitions from treating existing illnesses to taking steps to prevent illness before it occurs, the pharmaceutical industry must become more selective about the diseases it addresses and consider the implications of investing in new treatment types. To survive in this new business model, life sciences companies will have to invest more heavily in genetics and genomics and revise their R&D processes to improve scientific productivity.

Business model transformation

Do pharmaceutical companies have the organizational structure that allows for transformation?

Business model transformation

How can companies address the managerial challenges of the future?

Business model transformation

What do pharmaceutical companies need to do differently to continue to be successful?

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